£163,468
This estimated value is based upon the latest sale price for the house of £141,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£141,000 | 20 Nov 2020 |
£141,000 | 20 Nov 2020 |
£133,000 | 6 Jan 2017 |
£133,000 | 6 Jan 2017 |
£122,000 | 27 Nov 2003 |
£76,750 | 1 Mar 2002 |
Detached |
Leasehold |
Floor Area: 55 sq meters or 592 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOMERSET to estimate the market value.
When this house was purchased in November 2020 the House Price Index for SOMERSET was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £141,000 results in an estimated price of approximately £163,468.
20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £141,000 | £22,468 | £163,468 |
The Postcode Pricing Model uses changes in average sales price within the BA21 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 83.039 % | £117,084 | £258,084 |
3 Month Average | 20.385 % | £28,742 | £169,742 |
6 Month Average | 10.594 % | £14,937 | £155,937 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £217,933 | £215,000 | 15 WATLING STREET |
21 Jul 2023 | £212,865 | £210,000 | 24 WATLING STREET |
31 Mar 2022 | £147,149 | £142,000 | 36 ERMINE STREET |
28 Jan 2022 | £231,530 | £220,000 | 42 ERMINE STREET |
12 Jan 2022 | £247,421 | £235,100 | 53 ERMINE STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Mar 2020. Using an estimated price of £163,469 means this house is valued at £2,972 per sq meter (£276 per sq foot).
The average size of a house on ERMINE STREET is 80 sq meters (866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ermine Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ermine Street |
Feb 2024 | Anti-social behaviour | On or near Ermine Street | |
Feb 2024 | Anti-social behaviour | On or near Ermine Street | |
Feb 2024 | Anti-social behaviour | On or near Ermine Street |